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RougeUnderoos · 01-08-2009, 02:41 AM

I was able to apply for a "loan remission" about 5 years ago.

It's all kind of foggy to me now, but far as I remember, the only qualifications were that I had to have received my degree and had been paying my federal loans faithfully for two years.

I filled out a couple forms, sent them off, and then a month later I received a letter saying "we've taken six grand off your loans, and your new balance is X". That was about 20% of the total at the time, so it was a hell of a deal.

No explanation, no nothing. They lopped off 6 g's. I don't know why and I don't care.

That "program" might not exist anymore but it's worth looking into.

01-08-2009, 02:41 AM	#2
RougeUnderoos Franchise Player Join Date: Oct 2001 Location: Clinching Party Exp:	I was able to apply for a "loan remission" about 5 years ago. It's all kind of foggy to me now, but far as I remember, the only qualifications were that I had to have received my degree and had been paying my federal loans faithfully for two years. I filled out a couple forms, sent them off, and then a month later I received a letter saying "we've taken six grand off your loans, and your new balance is X". That was about 20% of the total at the time, so it was a hell of a deal. No explanation, no nothing. They lopped off 6 g's. I don't know why and I don't care. That "program" might not exist anymore but it's worth looking into. __________________ Last edited by RougeUnderoos; 01-08-2009 at 02:49 AM.